WASHINGTON, DC – Today, Oregon’s Senator Jeff Merkley and the Oregon Housing and Community Services Department (OHCS) announced that the U.S. Treasury Department has approved a new pilot program to help underwater homeowners in Oregon’s Multnomah County. This pilot draws elements from Merkley’s Rebuilding American Homeownership proposal released in the
Washington, DC – Today, Oregon’s Senator Jeff Merkley announced he has been awarded the chairmanship of a subcommittee of the Senate Banking Committee, the Subcommittee on Economic Policy. This subcommittee has jurisdiction over issues related to economic growth, employment and price stability, as well as monetary policy and small business
WASHINGTON, DC – Oregon’s Senator Jeff Merkley released the following statement after news that the economy had shrunk in the last quarter of 2012: “This is a wake-up call for Washington. While DC has been manufacturing political crises, real people and businesses are suffering. Our priority should be making the economy
WASHINGTON, DC – Today, Senators Jeff Merkley (D-OR) and Michael Bennet (D-CO) sent a letter to SEC Chairman Mary Schapiro to request that rules governing crowdfunding activities be issued quickly. Merkley and Bennet were lead sponsors on the CROWDFUND Act, which was passed on April 5, 2012 and legalizes the
Washington, DC – Today, Oregon’s Senator Jeff Merkley introduced the Water Infrastructure Finance and Innovation Act (WIFIA). This bill would create jobs and help local communities upgrade or replace aging and damaged water and sewer systems. Low cost financing would save homeowners and businesses money and spur construction jobs as repairs
Washington, DC– Oregon’s Senator Jeff Merkley issued the following statement after the U.S. Commerce Department announced today’s decision on tariffs for Chinese solar exports: “We know that on a level playing field, Oregon workers and businesses can compete with any company in the world. However, if China continues to cheat
PORTLAND, Or — Today, Senators Jeff Merkley and Ron Wyden and Congressmen Earl Blumenauer, Peter DeFazio and Kurt Schrader and Congresswoman Suzanne Bonamici joined in an effort to ask the U.S. Trade Representative and the Secretary of Commerce to open a broad-based investigation into the unfair subsidies that China provides
Washington, DC – Oregon’s Senator Jeff Merkley issued the following statement after 42 Senate Republicans blocked a vote on the Veterans Job Corps Act. “The men and women who have stood up for us, serving us valiantly overseas, shouldn’t come home to unemployment lines. That seems like a proposition 100
Washington, D.C. – U. S. Senators Ron Wyden (D-Ore.) and Jeff Merkley (D-Ore.) announced on Tuesday that Malheur Lumber has agreed to remain open past its planned November closure, thanks to a commitment by the US Forest Service (USFS) to make more timber volume available on the Malheur national forest.
WASHINGTON, DC – Oregon’s Senator Jeff Merkley today offered a new plan to tackle one of the most persistent challenges to the sputtering economy: the massive number of Americans who owe more on their mortgages than their homes are now worth. In a white paper containing the proposal, called “The 4%
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